A lease agreement is the foundation of a rental relationship between landlords and tenants. In Sri Lanka, having a properly drafted lease is crucial to avoid disputes over rent, property use, and responsibilities. Whether you are renting a residential apartment, commercial office, or retail space, the lease outlines the rights and obligations of both parties and ensures that each side understands their legal position. Without a written lease, misunderstandings and conflicts can escalate into legal disputes that are difficult and costly to resolve.
Key Components of a Lease
A comprehensive lease agreement should clearly specify the property, rental amount, payment schedule, duration, and termination conditions. It should also include clauses regarding maintenance, repairs, and any restrictions on property use. For commercial leases, additional provisions may cover subleasing, business operations, and adjustments for taxes or service charges. Ensuring these elements are clearly defined protects both the landlord and tenant and reduces the risk of future disagreements.
Rights and Duties of Landlords
Landlords have a legal responsibility to provide the property in a habitable and safe condition. They must ensure that essential utilities such as water, electricity, and structural safety are maintained. Landlords are also responsible for major repairs and must respect the tenant’s right to quiet enjoyment of the property. However, landlords have the right to receive rent on time, enforce terms of the lease, and, where legally permitted, inspect the property with reasonable notice. Balancing these rights and duties is essential to maintaining a fair and lawful landlord-tenant relationship.
Rights and Duties of Tenants
Tenants must pay rent and any agreed-upon service charges punctually and use the property according to the terms of the lease. Tenants are responsible for minor maintenance, keeping the property in good condition, and avoiding damage. They must also comply with any restrictions in the lease, such as limits on subletting or conducting certain business activities. Understanding these obligations ensures tenants avoid legal issues and maintain a positive relationship with the landlord.
Resolving Disputes and Legal Protection
Disputes between landlords and tenants are common, particularly regarding rent increases, property repairs, or lease termination. Sri Lankan law allows parties to resolve conflicts through negotiation, mediation, or court proceedings. Seeking legal advice before entering a lease, or when disputes arise, can prevent escalation and protect your rights. At Wijesinghe Chambers, we assist landlords and tenants with drafting clear agreements, reviewing contracts, and navigating disputes to ensure a smooth rental experience for both parties.